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Investment in Hotel Properties, net (Details) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Property, Plant and Equipment [Abstract]    
Land $ 227,890 $ 227,620
Buildings and improvements 1,015,068 1,017,086
Furniture, fixtures and equipment 66,265 68,529
Construction in progress 1,678 2,386
Total cost 1,310,901 1,315,621
Accumulated depreciation (228,089) (224,142)
Investments in hotel properties, net $ 1,082,812 $ 1,091,479